The Euro is pretty likely going to hit 1.1320 tomorrow at London open. This level might be not enough to stop it, and in that case 1.1240-50 should be next.

ES just ticked the high for the entire move. Shouldn't be long.

Since the horrific IBM news, the NQ futures have hit a new high for the entire move since the Sept low. Pretty cool.

I have to levels for the Euro: 1.1370 and 1.1420.
After hitting them, it is more likely to continue to the downside, I guess.

yeah, feels as though everything is setting up to go back down

I think it needs to correct to 1.1350-60 before a continuation to 1.1420.

once this slow, grinding move up completes, I expect price to move down fast:

Nice posts, crew of two.

This is just sitting on this ledge here, with the dirt under its feet crumbling as we speak...

I'd love to hear move about that. That thing is trading say 27 now, but at its peak was 489,600. I'd say it's down a little. What is it leveraged to, like 100 to 1, when you convert from VIX futures to SPX?

Originally posted by rat89

I'm experimenting with using the spx/ spy triggers to trade uvxy, based on work that roofer did a while back. The damn thing will knock your socks off if you're wrong. It's an animal.